Rig Count in U.S. Drops to Two-Month Low, Baker Hughes Reports
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The U.S. energy rig count declined to the lowest level in two months this week, according to Baker Hughes Inc.
The total count fell by 11 to 1,748, the Houston-based field services company said on its website. Oil rigs dropped by 15 to 1,390, a nine-week low. Gas rigs rose by four to 353, the first increase in six weeks.